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Re: TREND1 post# 961

Thursday, 04/10/2003 11:21:22 AM

Thursday, April 10, 2003 11:21:22 AM

Post# of 36151
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Market Swing Discussion: Chat Room Notes and Recaps
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Posted by Kate99 on Wednesday, April 09, 2003 - 9:46 pm:

Chat Notes : Wed. April 9, 2003

Daily closing Signals:
Dow, Spx, Oex - oversold
Nasdaq, Sox,- oversold near class 2 Buy
Ndx - Borderline class 2 Buy
Rut - lower midrange
Hui - overbought approaching class 2 sell
Vix, Vxn - lower midrange

If the market continues down, the Ndx could become a class buy
tomorrow and the other indices on Friday.

All indices had marazubo close readings today so there may be a bounce
tomorrow.

Weekly Tsunami is oversold region. It never gave a closing signal, but
he had 4 intraday signals. Therefore, Don will assume that Monday was
the high and is taking the position that the Tsunami has already begun

Donald opened a short position on Monday.



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